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74a Montauk Hwy 2,830 SF of Retail Space Available in Amagansett, NY 11930
Highlights
- Iconic Amagansett Restaurant For Lease
- South-of-the-Highway Restaurant Opportunity
- Renovated Building With Indoor/Outdoor Flow
- Turnkey 126+ Seat Indoor / Outdoor Dining on 0.77 Acres
- Turnkey Kitchen + Full Prep Infrastructure
- Ample Parking + Functional Site Layout
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,830 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Located South of the Highway in Amagansett, this former diner features over 100 seats with indoor and outdoor seating. Spacious bar with open patio seating. New kitchen equipment and mechanicals. Office. Full basement with legal prep area - perfect for catering. Multiple walk-ins. Everything is in pristine condition. 31 Parking spots. Turnkey ... just bring your recipes! $240,000 plus triple net fees for year-round (taxes $13,919) $175,000 for May 22, 2026 to Sept. 15, 2026 $700,000 key-money Seasonal Rental Year-Round $240,00Apr 1st 2026 - Mar 31st 2027 Available MD-LD $175,000 May 22nd - Sep 7th 2026 Available
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Ceramic Tile Flooring
- Gas Fuel
- Central A/C
- Forced Air
- Natural Gas Avail
- 31 Parking Spaces
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,830 SF | Gross Leasable Area | 2,830 SF |
| Property Type | Retail | Year Built/Renovated | 1960/2020 |
| Property Subtype | Restaurant | Parking Ratio | 10.95/1,000 SF |
| Total Space Available | 2,830 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,830 SF |
| Year Built/Renovated | 1960/2020 |
| Parking Ratio | 10.95/1,000 SF |
About the Property
South-of-the-Highway Restaurant Opportunity – Located south of the highway in Amagansett, this fully built-out restaurant offers a rare turnkey leasing opportunity in one of the Hamptons’ most desirable dining corridors. The layout accommodates 126 seats across interior dining and an expansive open patio (96 Inside / 30 Outside - can be altered accordingly), creating a flexible service environment well suited for both seasonal peaks and year-round operation. Turnkey Kitchen + Full Prep Infrastructure – The oversized kitchen space includes newer professional equipment and updated mechanicals, allowing an operator to step in with minimal upfront investment. A full finished basement with legal prep area supports catering, expanded food production, and event service, while multiple walk-ins enhance operational efficiency. Office space and back-of-house areas further support day-to-day management and staffing. Renovated Building With Indoor/Outdoor Flow – The ±2,830sf main level is complemented by a finished lower level, creating a practical layout for both guest-facing and operational uses. Renovated in 2020, the property features updated systems, ceramic tile flooring, central A/C, and gas service. The open patio extends the dining experience outdoors and provides additional seating capacity and private event flexibility. Ample Parking + Functional Site Layout – Set on 0.77 acres, the property includes 31 on-site parking spaces, including accessible parking, providing convenient guest access and operational ease. The site’s size and layout support smooth circulation for both staff and patrons - an increasingly rare amenity in Hamptons restaurant locations. Flexible Lease Terms – The property is currently offered with flexible lease structures, including both seasonal and multi-year availability. A multi-year term is offered at $240,000 base rent asking + $700,000 key money asking (which would provide ownership of all of the equipment), and a full season option at $175,000 base rent (seasonal only available for 2026). This turnkey restaurant opportunity in one of the most supply constrained regions in the Hamptons. Amagansett, with its high-caliber, small-town feel, is eagerly waiting for its next iconic restaurant. SURROUNDING TENANTS: Jack’s Stir Brew Coffee, Meetinghouse, Warm, Amagansett Hardware, Stephen Talkhouse, La Fondita, Zakura Inquire with the Hamptons Commercial RE Team for additional information.
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74a Montauk Hwy
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